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Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Post by BiGMykeon Apr 25, 2018 11:30am
190 Views
Post# 27938024

Financials summary

Financials summary
So with the Financials coming out yesterday, here is what we can understand; - They paid off that bad debt, but put out a lot of shares to do it. - They stopped some services and cut some costs - They lost some business, in fact, their revenues fell 800,000$ compared to last year. - They have 6,000 individual clients that get billed monthly - They started spending more on marketing. En Bref; hopefully that marketing pays off down the road. Essentially we need DDB to sign some big deals this year, or for DDB to be bought out by a bigger company. Here's to hoping for a strong summer!
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